Business Daily from THE HINDU group of publications
Saturday, February 09, 2008
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Commodities (Feb 08)
Gold (per gram) Rs1,078
Silver (per gram) Rs23.80
Brent crude (per bbl) Rs3,497
Markets (Feb. 8)
BSE Sensex17464.89 (-62.04)
S&P CNX Nifty5120.35 (-12.90)
US Dollar39.67 (+0.12)


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Slowdown in banks’ non-food credit growth
Excess investments in SLR securities; forex reserves rise $4.4 billion More

PSUs contribute bulk of dividend payout
54 PSUs paid Rs 21,574 cr to their shareholders More

Emaar MGF too withdraws IPO; co says decision will help in the long run
Mumbai/New Delhi, Feb. 8 Having digested many large IPOs in the recent past, the market seems to have little appetite for any more.Close on the heels of Wockhardt Hospitals withdrawing its IPO yesterday for lack of adequate response, ... More

Anxious wait for Reliance Power listing
Mumbai, Feb. 8 Investor anxiety is mounting as the Monday listing of Reliance Power nears. The company’s mega IPO concluded last month, raising Rs 11,500 crore.Analysts and investors are wondering whether Reliance Power ... More

Bank unions object to payments corporation formation
More

Yachting ‘sails’ high on demand from the rich and famous
SHARED OWNERSHIP More

Inflation crosses 4%
New Delhi, Feb. 8 Inflation has begun to rear its head once again, with the WPI-based inflation rate crossing the 4-per cent mark to surge to a six-month high of 4.11 per cent for the latest reported week of January 26. Food items, ... More

More relief under way for rupee-hit exporters
Foreign Trade Policy coming up next month More

Kalamata calling
Floating behemoth: The container vessel m.v. Maersk Kalamata berthed at the Chennai container terminal on Friday. It is the largest vessel to call at DP World Chennai, with a length of 304 metres and capacity of 6,416 ... More

Oil India confident of IPO in March-end
Issue price yet to be decided More

Centre likely to pay bonus to wheat growers
Seen at Rs 50-100/quintal; imports ruled out for 2008-09 More

Bike, heavy commercial vehicle sales continue to dip
Car sales rise 8.5% in January More

Ripple effect: Emaar issue drags realty stocks
Firm interest rates add pressure More

BT to focus more on advisory services
Acquisitions on the agenda; to hire 6,000 next year More

SBI rights issue may open on Feb 18
Cabinet may take up SBS merger next week More

Reliance Power: Investors awaiting D-day
Expectations scaled down drastically More


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